Subscriptions Central AfricaEast AfricaHorn of AfricaIndian OceanNorth AfricaSouthern AfricaWest AfricaAfrica / World Agriculture - NutritionCulture - ArtsEconomy - DevelopmentEnvironment - NatureGay - LesbianGender - WomenHealthHuman rightsLabourMediaPoliticsScience - EducationSocietyTechnologyTravel - Leisure From Behind By Country By Topic Chronological Press Releases Partner Media Contact Us
   
  

See also:
» 20.11.2009 - Industrial development key to Africa’s integration in global economy
» 20.11.2009 - UN-lawmakers' partnership can help the poor out of recession, Ban
» 19.11.2009 - Developing countries urged to make agriculture a funding priority
» 19.11.2009 - FAO chief regrets no measurable targets adopted to fight hunger
» 16.11.2009 - $1 million boost for FAO’s food security work
» 12.11.2009 - Transforming African infrastructure require additional $31 billion a year
» 11.11.2009 - Africa’s poor to suffer due high food prices
» 10.11.2009 - China-Africa commitments applauded

Africa
Politics | Economy - Development

AU takes decision on EPAs

afrol News, 29 January - Executive Council of the African Union has approved that no African region should be allowed to sign the Economic Partnership Agreements (EPAs) with the European Union "as long as the draft agreement is not submitted and discussed at the continental level."

The council believed that the signing of any interim or complete EPAs will affect other regions in Africa, recommended "the need for a political intervention at the highest level to protect the interest of African countries."

According to the council, Africa has got the opportunity to explain to EU political leaders about its concerns over the partnership negotiation process during the scheduled meetings in Egypt and Portugal.

African Heads of State are expected to decide on the council's report at a continental summit in Addis Ababa, Ethiopia.

Africa and EU have deadlocked over the signing of a new trade partnership which was supposed to be signed on or before

31 December 2007. So far, no country or region has signed a complete new trade agreement with EU, despite mounting pressures on some African countries.

The four African region members of the ACP, who complained of uncertain legal framework and trade system, refused to sign the deal.

The AU council blamed European firms operating in Africa for being the fire behind some pressures concerning the signing of the deal. It said, "the pressure put on some countries to sign interim or complete agreements was aimed at ensuring that the other developing countries would not loose their markets. It was also intended to keep unemployment from worsening."

The said firms thought this would ensure regular supply of raw materials to their Europe based plants.

Senegalese President, Abdoulaye Wade, has been vocal against the signing of EPAs, resulting to protest over the issue in the the capital Dakar in recent times.


    E-mail this to a friend     Printable version

Related pages and feature
Current afrol News Top Stories
Africa
Politics
Economy - Development
Affairs
Affairs
Cooperation
Industry
Policy
Trade
» Ghana-EU sign first voluntary agreement on legal timber exports
» Algeria-Egypt’s World Cup place explodes into a diplomatic war
» Malawi’s rural land development project gets additional funding
» Industrial development key to Africa’s integration in global economy
» Children’s rights still not assured, UNICEF
» Cambodia troops arrive in CAR
» UN-lawmakers' partnership can help the poor out of recession, Ban
» Developing countries urged to make agriculture a funding priority
» Concluding Doha Round could boost recovery, WB
» Zim govt report compliance progress to clean its diamond trade


top of page about afrol News | news | countries | archive | services | feed back | español 

© afrol News. Reproducing or buying afrol News' articles.

   You can contact us at mail@afrol.com